zzdcar
Home
/
Reviews
/
Culture
/
Tesla Fights Back on Weak Demand Claims With Big Delivery Push
Tesla Fights Back on Weak Demand Claims With Big Delivery Push-July 2024
2024-02-19 EST 22:13:03

Image for article titled Tesla Fights Back on Weak Demand Claims With Big Delivery Push

is making calls, doesn’t want human sacrifice, and the United Auto Workers is trying again in Chattanooga. All that and more in for Thursday, May 30, 2019.

Elon Musk, a human calculator specifically designed to count his chickens before they hatch and also CEO of Tesla, is feeling the pressure to meet his own company’s projections of achieving around 90,000 to 100,000 deliveries in the second quarter of this year, after coming in far under expectations for the first quarter and .

Tesla skeptics have said that some of the company’s misfortunes lately revolve around declining demand; Musk has said it’s not that, but rather delivery issues that have been hard to work around.

Part of the crackdown involved Musk emailing delivery employees at the company, which reportedly got its hands on:

“While our demand is strong, we have a lot of vehicle deliveries to catch up to in order to have a successful quarter,” the chief executive officer wrote to staff Wednesday. Musk said that starting Thursday, he’ll hold calls with teams in America, Asia and Europe every two days to “understand what’s needed to accelerate” Tesla’s rate of deliveries.

Tesla shares have plunged 43% this year, with the sell-off accelerating since the company reported deliveries of just in the first quarter. Musk has struggled to overcome the impact of shrinking U.S. federal tax credits and analysts have voiced concern about the hit the company could take from the with China, its second-largest market.

Tesla has said it expects to deliver 90,000 to 100,000 vehicles in the second quarter. On a call with investors last week, Morgan Stanley analyst Adam Jonas said the on Wall Street was for deliveries to reach the mid to upper 70,000-unit range.

This “leaked” email comes that claimed the company was building 900 Model 3 cars per day.

While any form of official public communication would have to be vetted, “leaked” internal emails are fair game. Maybe whoever is leaking these is just really excited about working harder to meet demand that shouldn’t be hard to meet by this point.

2nd Gear: Renault-FCA Merger Boss Promises “No Human Sacrifice”

As if wasn’t already terrifying enough, Jean-Dominique Senard, the Renault exec now in charge of making the proposed merger between Renault and Fiat Chrysler work, has promised that it wouldn’t require “human sacrifice.”

This is just an alarming way of saying the deal shouldn’t require job cuts, nor the blood of any first-borns.

A few years ago, then-Fiat Chrysler boss Sergio Marchionne seemed desperate to merge or partner his

Here’s more from :

After spending three days in Japan, Senard will return to Europe to work on bringing Fiat Chrysler and Renault together. He doesn’t anticipate any serious regulatory hurdles for the merger. Asked whether the joining of two European automakers would result in job cuts, Senard said the deal “doesn’t call for human sacrifice.”

The merger won’t involve any plant closures, according to Fiat, although it didn’t mention any potential job cuts when the deal was announced. The combination also has the blessing of the Italian and French governments, which are constantly on guard against the risk of labor unrest.

While this is good news ahead of the deal, the natural implications of merging multiple company resources is to cut down on costs, and if the next generation of vehicles under the merger share parts and platforms, theoretically production and many other processes across all of the companies involved could potentially be consolidated, which sounds like job cuts and plant closures eventually.

But maybe the deal will be a huge success and lead to growth, and that increase in demand will help prevent any major cuts to labor. We’re not even in a recession and General Motors is closing plants and Ford is laying off workers, though, so it’s only healthy to be suspicious of Renault and FCA’s cost-cutting plans.

at the prospect of savings from the major merger, so we’ll see!!

3rd Gear: Trump Administration Hanging the EU Out to Dry

It has been since President Trump and European Commission President Jean-Claude Juncker met to open trade negotiations between the two governments and they have nothing to show for it.

reports it’s because the Trump administration has been distracted by all of the U.S. governments other trade squabbles:

European officials have blamed a Trump administration that has had little time for dealing with a bureaucracy in Brussels already held in low regard by many in the U.S. president’s orbit. Distracting Trump has been a breakdown in talks with China and a need for a quick deal with Japan to assuage American agricultural interests.

“I don’t think the U.S. is ready to start on the tariff negotiations,” Cecilia Malmstrom, the EU’s trade commissioner, told reporters in Paris earlier this month after meeting with U.S. Trade Representative Robert Lighthizer.

While hashing through trade conditions with the EU isn’t exactly a priority for the U.S., the European Union has a growing stack of issues on hand with Brexit going into full-meltdown mode with the announced resignation of Prime Minister Teresa May,, and major players like France and Germany seemingly going in different economic directions, as Bloomberg points out.

Earlier this month, President Trump set a deadline of 180 days for trade negotiations with the EU and Japan, and while the Japan deal may come through on time, the EU is getting nervous about the auto tariffs the President has threatened if they don’t meet the deadline. That’s not the only problem, again, from Bloomberg:

For Europe, though, the signs are more ominous. The auto deadline will hit just as a new European Commission, the bloc’s executive arm, is due to take over from the Juncker-led one that has governed for the past five years.

[...]

With the current European Commission entering a lame duck phase, the global auto sector facing falling sales in markets like the U.S. and China, and fears of a slowdown in the world economy looming large, muddling through may be the most likely option, said Conley, who oversaw relations with the EU at the State Department during the administration of George W. Bush.

We haven’t even finished the trade war with China and we’re already starting another with most of Europe. This isn’t going to end well.

4th Gear: China Leveraging Rare-Earth Materials In Trade Negotiations

Rare-earth minerals. China has them, everybody wants them. You need them for many modern consumer electronics, including a lot of the crap you find in a modern car, and for electric car batteries, among many other things.

China is willing to trade them, there’s just a few obvious conditions, reports:

China is willing to meet reasonable demand for rare earths from other countries, but it would be unacceptable that countries using Chinese rare earths to manufacture products would turn around and suppress China, its commerce ministry said.

[...]

President Xi Jinping’s visit to a rare earths plant last week had sparked speculation that China would use its dominant position as an exporter of rare earths to the United States as leverage in the trade war.

Rare-earth minerals also have a lot of military applications, and while China isn’t naming any names, it’s very clear they don’t want any trade deals coming back to bite them in the ass. That’s fair.

5th Gear: VW’s Chattanooga Plant to Vote on Unionization Again

The employees at Volkswagen’s Chattanooga, Tennessee assembly plant, which builds the Passat and Atlas, will vote on a unionization effort June 12, 13 and 14, reports. It’s the second United Auto Workers effort to unionize the plant after a.

The union would represent around 1,700 current workers, and Volkswagen has plans to expand production in Tennessee with an additional 1,000 jobs for electric vehicle production starting in 2022.

reports the automaker has officially taken a neutral stance on the unionization effort. If successful, it’s a key victory for the UAW, which has struggled to unionize foreign automaker plants in the U.S.

Reverse: Got Milk?

Neutral: How Do We Feel About This Hot New Ferrari?

Tesla and trade stuff is kind of boring, but there’s the new , an all-wheel drive 986 horsepower hybrid that’s the most powerful car the company has ever built.

It’s difficult to say with a straight face, but it feels a little regular Ferrari, you know? The LaFerrari was literally The Ferrari of the time, and it looked out of this world back in 2013.

This one doesn’t feel so special. How do you feel about it?

The Ferrari SF90 Stradale’s specs alone are staggering: 986 combined horsepower, maximum torque of…

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Culture
More Than 15,000 Bees Swarm A Car In A Grocery Store Parking Lot
More Than 15,000 Bees Swarm A Car In A Grocery Store Parking Lot
You think that having your while you’re shopping is a nightmare? Here’s something almost as disturbing: an invasion by thousands of bees. Firefighters in Las Cruces, New Mexico, responded to a report on March 28 that a swarm of bees had occupied a car at a grocery store. Turns...
Jul 2, 2025
This Nissan Wagon Has What May Be The Best And Least Appreciated Wagon Feature Ever
This Nissan Wagon Has What May Be The Best And Least Appreciated Wagon Feature Ever
Have I mentioned before how much I love that feeling of learning some new weird detail about a car? I love it. I chase it like a goddamn junkie. I’m in the throes of that sensation right now, thanks to a new pusher of mine, a guy named Hans...
Jul 2, 2025
There's No S2000 Without The Honda SSM Concept
There's No S2000 Without The Honda SSM Concept
Welcome to Cars Of Future Past, a new weekly series where I open up one of the many dusty books about concept cars sitting on my shelf from 20 years ago, flip to a random page, see something that strikes my fancy and dredge up as much information about...
Jul 2, 2025
You Guys, Hot Wheels Made A Nissan R390 GT1
You Guys, Hot Wheels Made A Nissan R390 GT1
It just came to my attention minutes before writing this that you can walk into one of the great many big box retailers across this country right now and there is a good chance you’ll be able to leave with a Hot Wheels diecast of a road car. This...
Jul 2, 2025
Detroit-Area Jalops: Come Cruise Woodward Avenue On Saturday
Detroit-Area Jalops: Come Cruise Woodward Avenue On Saturday
Do you live near Detroit and need some form of socially-distanced interaction with other car people? Are you thrilled with the fact that winter is over? Do you really want to see ? If so, Saturday is your day. I won’t be driving the postal Jeep shown in the...
Jul 2, 2025
The 2022 Hyundai Santa Cruz Is Finally, Actually, Happening
The 2022 Hyundai Santa Cruz Is Finally, Actually, Happening
The Hyundai Santa Cruz is a compact truck that was first and hasn’t materialized as a production model since, though Hyundai It seems 2021 might finally be the Santa Cruz’s year. Hyundai said Wednesday that it would fully unveil the Santa Cruz on April 15. The images it released...
Jul 2, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved